Area Information

San Diego North Commercial Real Estate

Area Information

San Diego is the nation's fourth most populous county and 17th largest metropolitan area. Long term projections place the San Diego population at 3.44 million in the year 2010, an approximate increase of 21%, which equates to about 54,000 people annually. San Diego has the highest percentage of college graduates (30%) in the workforce of a U.S. city and has a median household income which will reach $51,000 in 2003, remaining "flat" in real terms from 2002 as well. As a hub for the industries of electronics, telecommunications, defense, manufacturing, trade and biotechnology/health care, San Diego is quickly being touted as the Silicon Valley of the future.

San Diego is renowned for its beautiful beaches, world famous zoo, and Shamu at Sea World. Some other notable destinations include the San Diego Zoo Safari Park, Old Town State Park, White Water Canyon Park, Cabrillo National Monument, Balboa Park (numerous museums and attractions), historic Spanish Missions, Del Mar Fairgrounds and Racetrack, Seaport Village, Convention Center, Horton Plaza, Old Globe Theater, Legoland and the Gaslamp Quarter. San Diego is also home of the annual Buick Invitational at Torrey Pines. San Diego also has notable professional sports teams, including the San Diego Padres, San Diego Chargers and the San Diego Gulls, a semi-pro hockey team.

Population

2006

2007

2008

2009

Population (000s)

2937

2959.7

3001.1

3022.4

Change (000s)

5.3

22.7

41.4

21.3

% Change

0.2%

0.8%

1.4%

0.7%

Source: Economy.com

Employment

Oct 2008

Oct 2009

Metro San Diego

6.7%

10.5%

State of California

7.9%

12.3%

United States

6.1%

9.5%

Source: Development Department

Job Growth

2006

2007

2008

2009

Nonfarm Employment (000s)

0

0

0

0

# Jobs (000s)

0

0

0

% Change

5.9

0

0

0

Source: California Employment Development Department

Top 10 Employers

29,883 Employees

14,400 Employees

9,859 Employees

6,086 Employees

4,750 Employees

29,337 Employees

12,622 Employees

7,618 Employees

5,092 Employees

4,616 Employees

Source: Guide to Military Installations, 2009 and San Diego Business Journal, January

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